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Mastech Digital (STU:MS4A) Cyclically Adjusted Book per Share : €4.65 (As of Mar. 2025)


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What is Mastech Digital Cyclically Adjusted Book per Share?


Mastech Digital Cyclically Adjusted Book per Share Historical Data

The historical data trend for Mastech Digital's Cyclically Adjusted Book per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Mastech Digital Cyclically Adjusted Book per Share Chart

Mastech Digital Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 3.88 4.89

Mastech Digital Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.18 4.57 4.34 4.89 4.65

Competitive Comparison of Mastech Digital's Cyclically Adjusted Book per Share

For the Staffing & Employment Services subindustry, Mastech Digital's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Mastech Digital's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Mastech Digital's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Mastech Digital's Cyclically Adjusted PB Ratio falls into.


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Mastech Digital Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Mastech Digital's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=6.836/134.9266*134.9266
=6.836

Current CPI (Mar. 2025) = 134.9266.

Mastech Digital Quarterly Data

Book Value per Share CPI Adj_Book
201506 1.395 100.684 1.869
201509 1.490 100.392 2.003
201512 1.658 99.792 2.242
201603 1.641 100.470 2.204
201606 1.728 101.688 2.293
201609 1.823 101.861 2.415
201612 2.010 101.863 2.662
201703 2.015 102.862 2.643
201706 1.963 103.349 2.563
201709 2.008 104.136 2.602
201712 2.101 104.011 2.725
201803 2.130 105.290 2.730
201806 2.468 106.317 3.132
201809 2.588 106.507 3.279
201812 2.741 105.998 3.489
201903 2.851 107.251 3.587
201906 3.347 108.070 4.179
201909 3.606 108.329 4.491
201912 3.768 108.420 4.689
202003 3.945 108.902 4.888
202006 4.156 108.767 5.156
202009 4.242 109.815 5.212
202012 4.295 109.897 5.273
202103 4.516 111.754 5.452
202106 4.792 114.631 5.640
202109 5.215 115.734 6.080
202112 5.745 117.630 6.590
202203 6.115 121.301 6.802
202206 6.640 125.017 7.166
202209 7.343 125.227 7.912
202212 6.985 125.222 7.526
202303 6.983 127.348 7.399
202306 6.793 128.729 7.120
202309 6.963 129.860 7.235
202312 6.439 129.419 6.713
202403 6.469 131.776 6.624
202406 6.683 132.554 6.803
202409 6.660 133.029 6.755
202412 7.124 133.157 7.219
202503 6.836 134.927 6.836

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Mastech Digital  (STU:MS4A) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Mastech Digital's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=6.25/4.65
=1.34

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Mastech Digital was 12.48. The lowest was 1.27. And the median was 3.68.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Mastech Digital Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Mastech Digital's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Mastech Digital Business Description

Industry
Traded in Other Exchanges
Address
1305 Cherrington Parkway, Building 210, Suite 400, Moon Township, PA, USA, 15108
Mastech Digital Inc is a provider of Digital Transformation IT Services. The Company offers data & analytics solutions & IT staffing services for both digital & mainstream technologies. The Group has two segments. Its Data & Analytics Services segment delivers specialized data management, data engineering, customer experience consulting, data analytics & cloud services to customers globally. IT Staffing Services segment combines technical expertise with business process experience to deliver a broad range of services in digital & mainstream technologies. The company derives a majority of its revenue from IT staffing services. Geographically, the majority of revenue is generated from the United States.

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